When Jobs Run Out

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by Shelly Palmer | February 26, 2017 http://www.shellypalmer.com/2017/02/5-jobs-robots-will-take-first/ Oxford University researchers have estimated that 47 percent of U.S. jobs could be automated within the next two decades. But which white-collar jobs will robots take first? (See also the video below) First, we should define “robots” (for this article only) as technologies, such as machine learning…

More than 200 million without jobs: Number of Unemployed continues to climb worldwide Thursday, January 12, 2017 (Translated summary of German language NTV report) The tendency is clear, and experts are alarmed: there more and more people are unemployed worldwide – alone in this year three million more. Hundreds of millions more work under insecure…

How Technology can free human beings A 10 minute clip from the movie Zeitgeist: Addendum. (see below) Jacques Fresco explains his ideal world that incorporates a resource-based system: Current capital systems are by their very nature fascist and exploitative. Up until now, human labor has been necessary in order to provide products and services, but…

Robots replacing jobs? Boston Dynamics Has a New “Nightmare-Inducing” Robot. Boston Dynamics founder Marc Raibert calls it “a nightmare-inducing robot,” and like many of Boston Dynamics’s creations, it is a bit frightening. But the company appears to have a useful purpose for it in mind. The video shows it handling a series of different, heavy objects…

In an interview with Business Insider, Lord Turner said: “We have an economic malaise where the capitalism system is not delivering as well or to enough people to maintain its legitimacy.” Unlike past technological revolutions that created more and better-paying jobs than they destroyed, this new revolution of digitalization and robotics threatens to create fewer…